Alongside measures designed to support growing businesses and workers, the Chancellor’s 2023 Autumn Statement saw the publication of the Future of Payments Review. Chaired by former HSBC Chief Executive, Joe Garner, the review comes as many retailers are struggling with … Continue reading
Author Archives: Howard Roth
Making Tax Digital for Income Tax – Government kills off confusing year-end statement
Designed to reduce the tax gap and simplify tax management for individuals and businesses, the Government’s Tax Administration Strategy is set to introduce Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA) by 6 April 2026. It will allow those … Continue reading
R&D tax relief schemes to merge in 2024 – What it means for future claims
Chancellor Jeremy Hunt has announced a number of reforms to policies concerning businesses and innovation, in a bid to enhance growth in the economy. A significant measure concerns various tax relief schemes for businesses in the Research and Development (R&D) … Continue reading
Autumn Statement 2023
With a General Election looming on the horizon, Jeremy Hunt rose to deliver his second Autumn Statement as Chancellor in the knowledge that his latest measures could have a substantial impact, not only on the future economic success of the … Continue reading
Watt’s up with HMRC? Understanding the new electric car charging rules
The recent update to HM Revenue & Customs’ (HMRC) Employment Income Manual is a significant development for businesses and employees utilising company cars, particularly electric vehicles (EVs). The revised guidance now aligns with existing legislation, specifically, Section 239 of the … Continue reading
